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Indiana Evening Gazette in Indiana, Pennsylvania

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Newspaper

Indiana Evening Gazette

Location

Indiana, Pennsylvania, United States of America

Date

Apr 26, 1950

Page

1

Cost of living edges up as prices rise across basics

The April report notes a tentative uptick in living costs with higher wholesale gasoline on the east coast and rising prices for rubber copper and zinc. Demand from drivers and car production supports postwar price gains while sugar metals and meats also show strength. Steel scrap and finished steel command premiums as mills face tighter supplies.

Sam Dawson New York Midwest Singapore United States Far East

Pope Pius Links Discontent to Work Value

Pope Pius told workers and Bank of Italy staff that world discontent stems from lacking a clear Christian view of work. He warned wealth is not condemned, urged work as service to God, and stressed banks should aid savings and enable enterprise for the common good.

Vatican City Pius Bank of Italy Lazarus

Industrialists Left At Mercy Of J. L. Lewis

Harrisburg April 26. Twenty Central Pennsylvania industrial firms declared today that they face pressures or actions linked to J L Lewis, signaling ongoing economic tensions and potential consequences for local industry and employment.

J. L. Lewis Harrisburg Pennsylvania

Fuel adjustment clause sparks hearing on PPL rates

Pennsylvania Sower and Ligatahare on its common stock examined by Public Utility Commission at Harrisburg as Douglan B.S. Storey argued the fuel adjustment clause raises industrial charges. John L. Levis countered that the clause ensures a fair return, while John Kelley defended its necessity amid coal cost fluctuations since 1946.

Sylvania Sower and Ligatahare P. P John L. Levis Storey John Kelley Harrisburg

Studebaker reports 30 percent first-quarter surge

Harold S. Vance, head of Studebaker Corporation, told stockholders the shipments in the first quarter of 1950 rose about 30 percent from the same period a year earlier. He said production next month would reach 33,000 units and dealers hold a three weeks supply, calling the dividend policy ultra conservative amid investor concerns.

Wilmington Del Harold S. Vance Studebaker Corporation Vance Studebaker Robert T. Shadoan National Securities and Research Corporation New York

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